Crisis with Moro makes dollar hit R$ 5.58 reaching another historic record

Due to the Moro crisis, the dollar opened up again this Friday (24), renewing historical maximums in nominal quotations. Everything indicates that this peak only tends to increase.

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The political tension surrounding the dismissal of the director-general of the Federal Police and the expectation of the announcement of the departure of Juiz Moro this Friday, is the main reason for the high.

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Early in the morning the dollar was selling for R$ 5.5747, up by 0.84%. The maximum so far reached R$ 5.5822, the trend is to close with another record.

Yesterday the dollar also closed at a strong high of 2.21%, R$ 5.5285, a new nominal closing record, however, at the high of the day during business, it reached R$ 5.5300. However, for the month, the coin has accumulated a high of 6,40%. In the year, the appreciation is 37.87%.

Devido crise com Moro, dólar bate R$ 5,58 e atinge mais um recorde histórico

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Political crisis with Moro and high currency.

The Central Bank, in an official statement, announced auctions for dollar line and currency swap contracts for rolling maturities in both instruments this Friday, with a total offer of US$ 3.5 billion.

Political tension with Moro remains, but we don't know for how long. Sergio Moro's co-workers said that he was taken by surprise with the publication, in the "Official Gazette" this Friday (24), of the exoneration of delegate Maurício Valeixo.

In addition, according to the minister's interlocutors, Moro really did not like President Jair Bolsonaro's decision, and therefore intends to announce his departure from the government at a press conference scheduled for 11 am at the ministry's headquarters.

Financial market in instability again.

According to Globo's publication, the day before, financial markets in Brazil worsened sharply after news that the Minister of Justice and Public Security, Sergio Moro, would have resigned after President Jair Bolsonaro's decision to change the directorate-general of the Federal Police. .

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Source: G1 Economy 

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